Tom Friedman reporting from Davos on what international elites are saying about the United States:
Indeed, speaking of phrases I’ve never heard here before, another goes like this: “Is the ‘Beijing Consensus’ replacing the ‘Washington Consensus?’ ” Washington Consensus is a term coined after the cold war for the free-market, pro-trade and globalization policies promoted by America. As Katrin Bennhold reported in The International Herald Tribune this week, developing countries everywhere are looking “for a recipe for faster growth and greater stability than that offered by the now tattered ‘Washington Consensus’ of open markets, floating currencies and free elections.” And as they do, “there is growing talk about a ‘Beijing Consensus.’ ”
The Beijing Consensus, says Bennhold, is a “Confucian-Communist-Capitalist” hybrid under the umbrella of a one-party state, with a lot of government guidance, strictly controlled capital markets and an authoritarian decision-making process that is capable of making tough choices and long-term investments, without having to heed daily public polls.
The sunny side of totalitarianism, I guess. Friedman goes on to write:
Personally, I wouldn’t give up on the Washington Consensus so fast. The reason it is ailing is not because of its principles promoting economic openness and trade, many of which China is practicing better than we are lately. It is failing more because of, well, Washington.
It was hard to read President Obama’s eloquent State of the Union address and not feel torn between his vision for the coming years and the awareness that the forces of inertia and special interests blocking him — not to mention the whole Republican Party — make the chances of his implementing that vision highly unlikely. That is the definition of “stuck.” And right now we are stuck.
The sad and frustrating thing is, we are so close to being unstuck. If there were just six or eight Republican senators — a few more Judd Greggs and Lindsey Grahams — ready to meet Obama somewhere in the middle on deficit reduction, energy, health care and banking reform, I believe that in the wake of the Massachusetts wake-up call the president would indeed meet them in that middle ground to forge not just incremental compromises, but substantial ones on these key issues. But so far, the Republicans are having a good year politically by just being the Party of No.
Hang in there until Novemeber — Friedman just might get his wish of six new Repubican senators, but I don’t think they’ll be exactly the type he’s hoping for.





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